Jim Esposito Agent Shot

Jim Esposito

Intercoastal Realty

(954) 336-3776

housing market updates

search florida homes for sale

fort lauderdale real estate news


Like This Blog? Click Here to Share with Your Friends and Colleagues


Help Me CRUSH My Competition

Ft Lauderdale Real Estate News 10/31/13

south florida home prices rise 13.5% according to S&P / Case-Shiller housing market index

An index measuring South Florida home prices rose 13.5 percent in August from a year ago another promising sign for the region's re-energized housing market.

The annual increase in Palm Beach, Broward and Miami-Dade counties was virtually unchanged from July, according to the Standard & Poor's/Case-Shiller index. The fast price appreciation occurring in recent months has slowed, though officials say that's to be expected.

Despite rising prices over the past year and a half, values in the tri-county area are off 39 percent from the 2006 peak, according to the index.

South Florida homebuyers stormed back into the market in 2012, convinced that prices had hit bottom. Investors helped drive up prices so swiftly that some analysts worried about another bubble.

But investors are starting to retreat because the higher prices are eating into their profits. And homeowners are testing the market, giving buyers more choices and alleviating intense competition that had led to the run-up in prices.

Prices increased in August across all 20 metro areas nationwide tracked by Case-Shiller. Las Vegas led the country with a 29.2 percent annual increase.

The Case-Shiller index, considered a leading measure of U.S. home prices, does not include prices for condominiums and lags local Realtor board data by a month.

Last week, the Greater Fort Lauderdale Realtors said the median price for Broward County existing homes in September was $270,000, a 32 percent increase from a year ago. In Palm Beach County, the median was $250,000, up 11 percent.

2013 Sun-Sentinel

Click on Image to See Our Latest Deal

fannie mae foreclosure

To see more great real estate deals go to

Great Deals


Find out more at:


If you are not on the phone to me right now
you are costing yourself money

a high rating realtor I specialize in the location
of the best deal on luxury and waterfront real estate
in ft lauderdale, boca raton and south florida

Jim Esposito

Intercoastal Realty

the best ft lauderdale realtor

(954) 785-8558 Office
(954) 336-3776 Mobile


Great Deals    

Property Search    

Selling Your Home    


Free Lists    

Downtown Ft. Laud    



Income Property    

Investor Central    


Real Estate Blogs    



Client Log In    




Updated Weekly!

Click Here!

12 Things
You've Got
To Know
Before Buying Foreclosures

Click Here!

Read Our Exclusive
& Informative Guide

How To Buy


The Next Best Thing
to Foreclosures

In Some Ways
Perhaps Even Better

A whole new class of
Distressed Property

And they are

Ready To Go!


Free Lists

Click Here!


1500 East Las Olas Boulevard
Fort Lauderdale, Florida 33301

Jim Esposito

fort lauderdale homes for sale

(954) 785-8558 Office
(954) 336-3776 Mobile


Home  ♦  Selling Your Home  ♦  Property Search  ♦  Great Deals  ♦  Foreclosures  ♦  Income Property  ♦  Investor Central  ♦  R.E. Blogs  ♦  Webcams  ♦  Links  ♦  Contact  ♦  Sitemap